Kanohar Electricals IPO Details Details

Kanohar Electricals IPO is a book-built issue worth ₹1,055.74 crore, comprising a fresh issue of 47.47 lakh shares aggregating to ₹300 crore and an Offer for Sale (OFS) of 1.20 crore shares aggregating to ₹755.74 crore. The IPO will open for subscription on September 8, 2026, and close on September 10, 2026. The basis of allotment is expected to be finalized on September 11, 2026, while the shares are tentatively scheduled to list on both BSE and NSE on September 16, 2026. The Company has fixed the price band at ₹601–₹632 per share. The minimum lot size for retail investors is 23 shares, requiring a minimum investment of ₹14,536 at the upper price band of ₹632 per share. Nuvama Wealth Management Ltd. is the Book Running Lead Manager (BRLM) to the issue, while MUFG Intime India Pvt. Ltd. is the registrar. Investors should refer to the Kanohar Electricals IPO Red Herring Prospectus (RHP) for detailed information regarding the Company, its business operations, financial performance, risk factors, objects of the issue, industry overview, and other relevant disclosures.

IPO Details

IPO Date 08 Sep 26
Listing Date 16 Sep 26
Face Value ₹2 per share
Price Band ₹601 to ₹632
Lot Size 23
Sale Type Fresh capital cum OFS
Issue Type Bookbuilding IPO
Listing At NSE, BSE
Total Issue Size ₹1,056 Cr
Fresh Issue
₹300 Cr
Offer for Sale
Share Holding Pre Issue 7,44,40,000 shares
Share Holding Post Issue 7,91,86,835 shares

IPO DRHP Status

Description Details

IPO Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35% of the Net Offer
NII Shares Offered Not less than 15% of the Net Offer

About Kanohar Electricals IPO Details.


Incorporated in 1972, Kanohar Electricals Limited is an established Indian manufacturer of power transformers, catering to critical sectors such as power transmission and distribution, railways, and renewable energy. The Company operates through two key business segments: Transformer Manufacturing and Engineering, Procurement and Construction (EPC), providing products and solutions for India’s growing power and infrastructure requirements. A key differentiator is its presence in the railway transformer segment. Kanohar Electricals is one of only four manufacturers in India certified by the Research Designs and Standards Organisation (RDSO), the research and development arm of Indian Railways, for the manufacturing of 100 MVA, 132 kV Scott transformers. Manufacturing Capabilities The Company operates two manufacturing facilities in Meerut, Uttar Pradesh: Rithani Manufacturing Facility – Rithani, Meerut Gangol Manufacturing Facility – Gangol, Meerut As of March 31, 2026, these facilities had a combined transformer manufacturing capacity of 19,200 MVA, providing the Company with significant manufacturing capabilities to serve large-scale power and infrastructure projects. Pan-India Presence Kanohar Electricals has established a nationwide presence through five regional offices located in Delhi NCR, Mumbai, Kolkata, Bengaluru, and Chennai, enabling it to cater to customers across major regions of India. As of March 31, 2026, the Company was supported by a workforce of more than 526 employees, covering manufacturing, engineering, project execution, sales, and other key business functions. With over five decades of operating history, specialized transformer manufacturing capabilities, RDSO certification, and exposure to power transmission, railways, renewable energy and distribution, Kanohar Electricals has developed an established position within India’s power equipment and infrastructure ecosystem.

Company Financials (Restated)

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 613.93 432.07 322.86
Total Income 662.86 457.30 281.12
Profit After Tax 129.73 65.12 17.76
EBITDA 180.42 93.39 31.07
Net Worth 372.84 243.13 178.12
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Funding the capital expenditure requirements of Company 64.18
2 Funding the incremental working capital requirements of Company 155.00
3 General Corporate Purposes 0.00

Key Performance Indicator (KPI)

KPI Mar 31, 2026 Mar 31, 2025
ROE 42.12%% 30.92%%
ROCE 70.13%% 47.61%%
Debt/Equity - -
RoNW 34.80%% 26.78%%
PAT Margin 19.57%% 14.24%%
EBITDA Margin 27.59%% 20.73%%

Key Performance Indicator (KPI)

Pre IPO Post IPO
EPS Rs 17.43 16.38
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP. The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

IPO Registrar

  • MUFG Intime India Pvt.Ltd.
  • 022-49186000
  • kanoharelectricals.ipo@in.mpms
  • Visit Website

IPO Lead Manager(s)

Contact Details

Kanohar Electricals Ltd. Address
Rithani, Delhi Road Meerut, Uttar Pradesh, 250103

IPO FAQs

  • What is the Aureate Tradde IPO?

    Aureate Tradde IPO is a SME IPO of 38,98,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is . The Aureate Tradde IPO open and close dates are not available as of now. MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  • How to apply in Aureate Tradde IPO through Zerodha?

    Zerodha customers can apply online in Aureate Tradde IPO using UPI as a payment gateway. Zerodha customers can apply in Aureate Tradde IPO by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in Aureate Tradde IPO through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the ' Aureate Tradde IPO ' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. Submit IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  • When Aureate Tradde IPO will open?

    The Aureate Tradde IPO dates are not announced. Please check back again after some time.

  • What is the lot size of Aureate Tradde IPO?

    Aureate Tradde IPO lot size and the minimum order quantity is not available at this time. Please check again later.

  • How to apply for Aureate Tradde IPO?

    You can apply in Aureate Tradde IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

  • Is online banking secure?

    Repudiated and annoyances accepted the wise man therefore always holds in these matters to this principle selection he rejects pleasures to secures.

  • When is Aureate Tradde IPO allotment?

    The finalization of Basis of Allotment for Aureate Tradde IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Aureate Tradde IPO allotment status.

  • When is Aureate Tradde IPO listing date ?

    The Aureate Tradde IPO listing date is not yet announced. The tentative date of listing is .